Remove 2008 Remove 2020 Remove Efficiency Remove Productivity
article thumbnail

A New Quest for Consultancy: Transitioning from Just-in-Time Logistics

Tom Spencer

For instance, in the lead up to the 2008 Great Recession, McKinsey actively promoted mortgage securitization , alongside EY which was involved with Lehman Brothers’ accounting fraud allegations [pdf]. The 2008 meltdown highlighted harmful practices in the financial sector, such as credit default swaps and collateralized debt obligations.

article thumbnail

What is digital currency?

Tom Spencer

Since the advent of Bitcoin in 2008, digital currency has been a growing trend and a growing area of interest for consultants, businesses, fintech investors, central banks, and governments. This also includes Bitcoin (created in 2008) and Ethereum (created in 2015). Reading Time: 6 minutes. What is the value of digital currency?

Banking 120
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What's Servant Leadership?

Organizational Talent Consulting

Studies reveal that a servant leadership style improves employee productivity and creativity. Employees are more likely to provide constructive criticism and engage in productive conflict without fear of exclusion or retaliation. Productivity, wages, and intrinsic motivations. 2020, May 4). Becchetti, L., Castriota, S.,

article thumbnail

Lead to the future: leadership imperatives for success

Brimstone Consulting

2020 has been replete with inspiring stories of organizations acting quickly to address immediate needs. A 2020 study found that most leaders (84%) feel their vision for the future is aligned with the organization. Build Agility. Breweries pivoted to making hand sanitizers. It is not a special project or something like that.

article thumbnail

How Companies Are Already Using AI

Harvard Business

My own firm released a survey recently of 835 large companies (with an average revenue of $20 billion) that predicts a net job loss of between 4% and 7% in key business functions by the year 2020 due to AI. What about the automation of the production line? And it wasn’t just to detect a hacker’s moves in the data center.

Company 42
article thumbnail

Transformational Leadership: Changing Culture to Fuel Financial Success

Organizational Talent Consulting

A global survey of over 5000 CEOs revealed that greater than 60 percent of organizations anticipate introducing new products or services to fuel their growth. Company cultures centered on efficiency thinking have flooded the marketplace with low-cost, widely available products and resulted in tremendous waste and social issues (Brown, 2009).

Culture 52
article thumbnail

60 Countries’ Digital Competitiveness, Indexed

Harvard Business

Cross-border flows of digitally transmitted data have grown manifold, accounting for more than one-third of the increase in global GDP in 2014, even as the free-flow of goods and services and cross-border capital have ebbed in the aftermath of the 2008 recession. that help propagate new products, ideas and business models?).